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Author Topic: The bitcoin halving to increase cryptocurrencies prices.  (Read 351 times)
LUCKMCFLY
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February 24, 2020, 02:42:22 AM
 #21

~snip~


There is something I think about the Bitcoin halving, according to the story, what is proven is a bullish rally because of that, logic can tell us yes, but we must remember that volatility dominates in this market, and that anything It may happen, it may rise in price, but not immediately, it may happen later, or perhaps earlier.

It is obvious that when Bitcoin rises in price all other cryptocurrencies rise, what you should be clear is that Bitcoin will rise in price at any time, it may be this year, next, because the accumulation stage has been completed, some say that we are in the re-accumulation stage, the same way the bullish trend stage and the distribution stage must be fulfilled, this from the point of view of the Wyckoff analysis, and all the investors that are in the market have not made their investments in vain.

Investors have relied on making investment in Bitcoin because they know the potential and that they will be much more millionaires as time goes by, the advantage of Halving is that it will produce the buying effect in many and only that effect will cause more demand by decreasing the supply making the Price increases, thus fulfilling the Law of Supply and Demand.

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maxreish
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February 24, 2020, 03:27:12 AM
 #22

If it is true that your speculation will gonna happen by saying more investors will gonna buy bitcoin before halving. Then it will lead to optimistic approach to the market before halving. To tell you frankfly, this is my first time to witness a halving event of bitcoin and I am kinda excited because I am a long term holder and excited what will really gonna happen to the bitcoin price.
 
 If the price set by many speculators will be met to that level, investors will gonna invest more and more bitcoin.
Twentyonepaylots
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February 24, 2020, 12:47:11 PM
 #23

Please don’t beg for merits. It is degrading.
He has not said anything about the merit stuff how could you point out that one man? He is not begging for it, aside everyone want and needs merit to rank up especially those low ones. Let me tell you that it ain't degrading, merits are created to earned.

I am just new here. I have deleted it. I will try all my possible best to write quality posts. And, I know now to not beg for merit. Thank you for telling me.

But, hope the post is useful and interesting?
I find this post interesting although there are tons of similar posts here. Bitcoin's halving event is the most anticipated event this year, In fact there is a strong hold with the bitcoin's value for a couple of months now. Surely the buying time will be next month and expected to rise as early as the month of the March comes.

Can't blame for the shallow topic. But if you really wanted to earn merits try to find unusual or new topics to post.
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February 24, 2020, 02:10:09 PM
 #24

There are some major players that need BTC or BCH or BSV   to move up in price  due to the triple ½ ings

Bitmain
Canaan
MicroBT
eBang
Innosilicon


all of them build sha-256 gear to mine coins at the moment  the watts to th numbers are as good as 36 to 38 watts a th.

When the ½ ings come.  Almost all gear will be losing money mining.  UNLESS of course coins move up at least 50% in price.

So all those gear builders have a vested interest in the price of btc reaching 15,000  if they are to still sell gear.

So do I think the ½ ing will move prices up to 15,000 or higher yeah  I suspect it will happen.

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February 24, 2020, 06:39:49 PM
 #25

Grin I am just so happy because the bitcoin halving it near again. It could be on May 14. But if not on May 14 it is certain that bitcoin will halve before May 18, 2020.

I am sure that the halving will increase price because:

1. People already anticipating for it and they are ready to invest before the halving time.

2. Bitcoin reward will halve from 12.5 to 6.25. This will cut the supply.

The supply will reduce because of bitcoin halving and the demand will increase because of people that will buy because of anticipation.

Let us expect bitcoin to surely still future increase in price this year.

Everyone is already expecting that bitcoin's value will rise up which will definitely attract other altcoin's price. If we are going to look back on what happened when bitcoin hits 20k, most of altcoins value have risen up too which may occur once again as bitcoin halving takes place. Knowing what may happen, we must already prepare ourselves in any way where we can make the most from it and make sure that the halving would make great sense on  our investment and wouldn't just pass by with us doing nothing.

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February 24, 2020, 10:10:44 PM
 #26

The current market situation today is in good shape and it is quite to see that most cryptos are rising it is just because many we're getting back in here just to take advantage of the upcoming halving which changes the trend from bearish to a bullish one. I know everyone appreciates such changes and it actually giving them a positive insight for the future of crypto. Ain't no wonder why the price goes high because of the increase in market demand and having them no choice to buy at a high price because nobody else is selling their coins at low. If it keeps rallying, we could surely expect for a bullish market this year.
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February 24, 2020, 10:40:38 PM
 #27

Some says it would't affect the prices of Bitcoin instantly, but slowly. Maybe it would take between 1 or years to really feel the change. We are all expecting on the halving and we are all thinking that way. So somehow we are making ready for it, it is not a surprise. But somehow, most of the investors who bought Bitcoin last ATH didn't knew about halving anyway. They've just bought bitcoin because they go with the trend. And if this kind of investors kicks back in, then it is possible to reach a new ATH again.

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February 24, 2020, 10:43:53 PM
 #28

The current number of bitcoins in circulation is enough to cover demand and if thete will not be a rise in demand then the next halving wouldn't have any effect on prices.
Miners will try to rise prices as the block reward will not be enough to cover their costs. But no one knows if they will be able to do it. So don't expect too much and don't be too optimistic just because of what happened after the previous halvings.

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February 24, 2020, 10:46:09 PM
 #29

And based on history, the price of bitcoin will pump several times after halving. This is what crypto enthusiasts have been waiting for. Cryptocurrency is full of things that are unthinkable, so it's not certain that history will break. But it doesn't hurt to be involved. Do the best analysis to get the timing. My hope is simple, I hope this time BTC will also have a positive effect on all sectors, including altcoin and bounty, as well as other investments.
Historically we used to see the price of bitcoin rally multiple times after halving but we have to remember that those were the initial period and now i think the market has matured, i am expecting a rally this time around too considering the same facts the OP mentioned as the supply is reducing but i am not expecting a huge rally like we used to see in the past.
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February 24, 2020, 10:49:44 PM
 #30

In fact, I am very sure that 100% bitcoin halving will make the price of cryptocurrency go up overall, especially the price of bitcoin.
Not only all of us as a cryptocurrency community anticipate and prepare everything carefully.However, for some people are really looking
forward to the moment of bitcoin halving coming soon. And in theory it can it is proven that with a reduction in supply that will have an
impact with high demand will result in pump prices.What we still don't know is how much price increase will occur after halving later.
Hopefully it will be the price increase is very high, so that we can all enjoy a large profit.

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February 24, 2020, 11:31:08 PM
 #31



The supply will reduce because of bitcoin halving and the demand will increase because of people that will buy because of anticipation.
 

No, the halving won't reduce the supply. There's no way Bitcoin will reduce it's quantity, because it's always adding up regardless of how many halvings have done, but Bitcoin will eventually reduce the number of production in mining, thus making it slow to reach the max supply.
Also, it's not yet certain if the demand will increase this year's halving. Though one thing is for sure, there will be a possible scarcity due to high demand in the future when every piece of Bitcoin will be mined.
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February 25, 2020, 02:27:38 AM
 #32

Grin I am just so happy because the bitcoin halving it near again. It could be on May 14. But if not on May 14 it is certain that bitcoin will halve before May 18, 2020.

I am sure that the halving will increase price because:

1. People already anticipating for it and they are ready to invest before the halving time.

2. Bitcoin reward will halve from 12.5 to 6.25. This will cut the supply.

The supply will reduce because of bitcoin halving and the demand will increase because of people that will buy because of anticipation.

Let us expect bitcoin to surely still future increase in price this year.

The supply creation of bitcoin will for surely gonna go down that will result to the sudden rise up of its price. It is simply the rule of supply and demand. Once the supply is higher than the demand, the price will for surely gonna go down. But if the demand is higher than the supply, the price of it is gonna be high. This will for surely gonna happen to bitcoin halving.

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February 25, 2020, 07:59:31 AM
Last edit: February 25, 2020, 09:02:50 AM by Tash
 #33

In fact, I am very sure that 100% bitcoin halving will make the price of cryptocurrency go up overall, especially the price of bitcoin.
Not only all of us as a cryptocurrency community anticipate and prepare everything carefully.However, for some people are really looking
forward to the moment of bitcoin halving coming soon. And in theory it can it is proven that with a reduction in supply that will have an
impact with high demand will result in pump prices.What we still don't know is how much price increase will occur after halving later.
Hopefully it will be the price increase is very high, so that we can all enjoy a large profit.
Why exactly? Will there be twice as many people, or the same people buy double the amount of new produced coins from one day they to the next in general crypto.  
150 blocks in 24h each receive 12.5 Bitcoin times $9500 is $17812500 needed to maintain price if no other trade is executed.
150 blocks in 24h each receive 6.25 Bitcoin after halving either price goes up or only half as many needed to buy people buy now the new generated coins.

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February 25, 2020, 08:56:50 AM
 #34

 i am very optimistic about the halving mainly because it reduce the number of new coins produce, for that reason there is a possibility the price will increase, it may not be immediately like someone pointed out above but may later reflect in price, once there is limit to the number of btc supply then gradually this will reflect in the btc price, if supply is less and demand is high then price will likely go up.
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February 25, 2020, 06:32:06 PM
 #35

According to what I have seen on Binance Academy, a site by Binance that calculates when the Halving will take place, it shows that the halving will probably take place on he 12th of May, but I have also seen other sites that showed 9th of May. So we have two dates and that’s the 9th and 12th, so let’s wait till then and see which is going to be accurate, but I believe it will be the 12th according to Binance Academy.

I am not sure whether there is going to be increase, but I have already invested before this year and whatever the outcome is I’m going to accept it like that. I have seen a lot of people say that there is going to be increase in price, but others have said that there is not going to be any increase.
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February 25, 2020, 10:37:23 PM
 #36

Halving is the most brilliant strategy in my opinion. With a higher level of mining difficulty and a limited amount of supply, this makes higher business value automatically increase sales value. Moreover, cryptocurrency is increasingly popular and more and more people are familiar with it, if the positive functions and the wider adoption, then it is certain that demand will be higher. Based on economic law, if demand is high and supply is limited then prices will rise. This is very effective. Bitcoin over time is like a rare item, and this will increase the value of an investment, it's just necessary to understand that the risk is high, it could be more valuable or even vice versa.

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